Saint Kitts and Nevis established the Citizenship By Investment program in 1984, It is the first country in the world to carry out such a program. The purpose of setting up this plan by the federal government of Saint Kitts and Nevis is to attract high-quality investors to bring large amounts of investment to the country and to develop the country’s economy. These investors will then have the opportunity to apply to become citizens of the country.
The regulations concerning the citizenship by investment program of Saint Kitts and Nevis is based on Article 5 of the Citizenship Act (1984). The government grants citizenship of Saint Kitts and Nevis to foreigners who have made significant economic contributions in accordance with the law. The applicant directly obtains the international and citizenship rights of Saint Kitts and Nevis after meeting the investment requirements.